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wants to spend additional money on roads and bridges and end a number of corporate tax breaks. we will have live coverage at 11:30 a.m. eastern on c-span. >> c-span 2 provided key coverage and booktv. the only television network devoted to non-fiction books and authors. >> sweeds have been accused of trying to hide the accounts of 22 united states citizens. carl levin is calling on the justice department to hand over the names of those who used the bank at a -- to alem ledgedly avoid paying taxes. >> good morning. the meeting will come to order. the american public is angry about offshore tax abuse and efforts by americans to evade their tax obligations by hiding money offshore. today's hearing follows up on a meeting this subcommittee held in 2008 when we presented evidence that well-known banks were deliberately helping united states clients cheat on their taxes by opening offshore counts never reported to the irs despite united states law requiring their disclosure. the hearing focused in part on ubs, the largest bank in switzerland that had 52, 000 customers and $18 million in
said today he regrets the financial institutio institutioe u.s. clients avoid paying taxes. that was part of a hearing today on offshore banking. it's next on c-span2. >>> ahead of the federal reserve will testify on capitol hill tomorrow morning the senate subcommittee investigation accused the swiss bank of trying to hide the accounts of 22,000 u.s. citizens so they could avoid paying taxes. the panel headed by carl levin is called from the justice department to force the bank to hand over the names of u.s. citizen good morning everybody. the permanent subcommittee on investigations will come to order. the american public is angry about offshore tax abuse, efforts by well-off americans to ebay to their u.s. tax obligations by hiding money offshore. at today's hearing follows up on a hearing that the subcommittee held five years ago in 2008 when we presented evidence that well-known international banks located in secrecy jurisdictions were deliberately hoping u.s. clients cheat on their taxes by opening offshore accounts never reported to the irs despite a u.s. law requiri
, and filing next year, a lot of inquiries as well as taxpayers in the area of eligible for premium tax credit and even if they aren't making sure they are comfortable when we started that public information campaign, and to get taxpayers comfortable 70% or 80% don't have anything to do with it at all, i have insurance and will move on the way, a chunk of people will be affected. and how much we spend for i to your personnel on affordable care, what we spending this year and would we expect requirements will be in the next year or two? >> when you next appear before us, there will be a lot of discussion about the dollars that are necessary. >> i wanted to ask about bonuses. in making sure bonuses are given to employees, improved performance or goals they have met, i don't know if you have seen, we put some report language together. have you taken guidance in the language for bonuses to be awarded? to those who actually show improved employee performance and productivity? >> the pool is 1% of compensation on performance judgments made by managers not by employees, obviously comment and history
? >>> plus, a serious proposal to overhaul the tax code for the first time in twiyears. but is there any hope for congressional action this year. >>> and the pentagon proposes to slash the army to its smallest size in the last 75 years. how risky are the cuts for american security. >>> welcome to "the journal editorial report." new questions this week about the investigation into the irs targeting of conservative groups. with the house subcommittee holding hearings, you know just how seriously the department of justice is taking this probe. they're doing this as liberal groups like the aclu and sierra club join conservative clubs voicing opposition into a new irs rule into further restricting political speech. for more on both of these developments i'm joined by "wall street journal" column dannetinger. kim strofle and colin levy. kim, let's start with you there in sin city, washington. you're covering the hearings this week. what have we learned about the state of justice to probe just as it is? >> well, they had a number of legal experts appear before the house oversight committee. it was a
for 501(c) four nonprofit groups applying for tax exempt status and testimony before a house subcommittee on wednesday. this is two hours. >> the hearing will come to order. hearing of thest year for our subcommittee. welcome to all the subcommittee members. glad to have you back. a warm welcome to our subcommittee's newest member. he is not here yet. he will be down at the end. we look forward to having him work with us. today the subcommittee will hear from two panels. we will hear about the activities and operations of the internal revenue service. commissioner. irs welcome to you, sir. we appreciate your return to the service and thank for taking -- thank you for taking on this task. george have russell and nina olsen. we appreciate the careful and constant oversight of the irs. we have not heard in some time from ms. olsen, so we are especially eager to hear from her. as a matter of house keeping, i will be following the five minute rules for that members. i do not plan on cutting anyone off in the middle of their sentence, but if everyone could keep their questions and comments for
can. house committee that looked at proposed rules for nonprofit groups seeking tax-exempt status. >> the hearing will come to order. this is the first hearing of the year for our subcommittee. welcome to all the subcommittee members. glad to have you back. a warm welcome to our subcommittee's newest member. he is not here yet. he will be down at the end. we look forward to having him work with us. today the subcommittee will hear from two panels. we will hear about the activities and operations of the internal revenue service. our witness is irs commissioner. welcome to you, sir. we appreciate your return to the service and thank you for taking on this task. we also have russell george and nina olsen. we appreciate the careful and constant oversight of the irs. we have not heard in some time from ms. olsen, so we are especially eager to hear from her. as a matter of house keeping, i will be following the five minute rules for that members. i do not plan on cutting anyone off in the middle of their sentence, but if everyone could keep their questions and comments for when we get t
with their u.s. tax laws and we talk about u.s. customers, 18,900 of those accounts were closed and today there is about 3500 that you have determined are in compliance. are those numbers correct? >> those numbers are correct as of today but i would like to add that in total we have breathed you'd been verified tax compliance of -- of which 3000 have been closed and the number you have mentioned are still with us. >> so what is the total number of accounts that no longer have the 22,000? >> 8000 that you mention. >> all right. and if i may add mr. chairman we had a large population of u.s. resident clients. i think i would say 11,000 i believe. they had account balances below 1 million dollars in assets under management. they were not even given the option to stay because to move to one of our holy u.s. licensed broker-dealers you needed $1 million as a minimum balance so it let them thousand of these 19,000 or 18,000 did not have the opportunity to prove tax compliance. >> all right. mr. cerutti your u.s. persons policy required that suisse accounts open for u.s. residents be concentrate
care. irs telling people they will face shared responsibility tax. melissa francis is here to talk about all of. that how are you. good day to you. what is the warning from the white house? >> they want you to know when you file your tax return next year they will look back at this year starting in january and wanting to make sure that everyone has had insurance every month and if not, you are going to face a penalty when you file your tax return. and you think you are safe, there is a lot of confusion and didn't have insurance, they want you to know that you will face a penalty for the january month that went by? >> what is the penalty. one percent of the house hold or 95 per dult plus 47.50 up to $285. which ever is higher that is going to pay. over time it is going up to 2.5 percent of the adjusted gross income or 2085 which is higher? >> and some people call it a tax. no, no. it is not a nice word. you don't like tax. it is shared responsibility payment. it is your responsibility and mine and theires is going to help you share your dollars with the rest of the country. so now t
is not olitical activity. here is no doubt a number of roups have abused their claims to the 501 tax-exempt status by engaging in political activity. this is not a right, but rather a responsibility. too many organizations have been claiming it as a way to avoid transparency and taxes. laster, i suggested the irs need to revisit these rules to provide greater clarity. as to what is considered a political activity for purposes of making a 501 designation, the rules proposed by the irs have attested to do just that in my opinion. i cannot say whether the irs struck the right balance, but i o know that they will take any and all concerns seriously though for finalizing them. however, this committee cannot help the irs and these reforms did we do not adequately fund gency. fiscal year 2014 appropriations gave the irs more than the sequester level, but the irs is still being funded at its lowest level since fiscal year 2008. if we care about the fair implementation of our tax laws, this is simply unacceptable. y'all know at this level of funding, every additional dollar even to the irs allows them to b
not been asked. i will cooperate in any way that i can if i am asked. stuart: have you achieved the tax status that you requested? stuart: you will not be intimidated in this year's midterm elections. >> we are intimidated by these new rules that have come out by the irs. these new rules will shut us down as a tea party group. stuart: really? they are significant enough to shut you down? >> absolutely. from now on, we cannot have debate or candidate forums within 60 days of a general election or 30 days of a primary. we cannot put anything in an e-mail, website, we can no longer do scorecards. this is the heart of what we do. it will jeopardize our tax status. stuart: becky, thank you for joining us. >> thank you for having me on. stuart: let's get to the markets. where are we? ninety-eight minutes. we did get some employment numbers. right now, virtually no movement. the record closes 1873. a couple of stocks that we are watching for you very carefully. we saw a lot of guns. it seems to me that the market is telling people want to buy weapons that can be concealed. >> yes. stuart: you
of witnesses, treasury inspector general for tax appropriation. mr. george is a right of a witness was subcommittee, and we appreciate his careful and costs of oversight. we have not heard in some time for ms. olson, so we are especially eager to your former. as a matter of housekeeping and going to be following a five minute rule for the members. i don't plan on cutting in the woody off in the middle of their sentence, but if everybody can keep their questions and comments and get to that part of the program to five minutes that will give us a chance to hear from anybody and have maybe more than one round of questions. and going to recognize the members in order of seniority, those that were here when the gavel went down. for the latecomers we will recognize them based upon their arrival and will go back and forth between the parties. i think most of you know the 2014 appropriations cycle tested higher endurance. it was only asked to go after the fiscal year started and we and the government shut down of the budget committee came to an agreement on the discretionary spending. once
seeking tax exempt status. this after the inspector general found 298 applications had been singled out for special review including 100% of groups with tea party or patriot in their name, but only 30% of groups with progress or progressive. now republican congressman darrell issa, chair of the powerful house oversight committee wantslern s lerner to testify again wednesday. chairman issa, welcome back. >> thanks for covering what we believe is going to be a good fact finding hearing. >> well, let's talk about that. because when you recalled lois lerner under subpoena to testify again this coming wednesday, her lawyers said you you can call her, but she won't testify or answer any questions, continue to at that time fifttaat that t. >> her attorney indicates how that she will testify. we've been back and forth negotiation. wi believe the evidence we've gathered causes her in her best interests to testify. >> so lowislerner who took the fifth last may will testify before your committee? >> according to her attorney. >> this will be on wednesday? >> it will be on wednesday. >> what change
one direction: up so we're up eay. up late. thinking up game-changing ideas, like this: dozens of tax fr zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, w opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at srt-upny.com what is this place? where are we? this is where we bring together the fastest internet and the best in entertainment. we call it the x1 entertainment operating system. it looks like the future! we must have encountered a temporal vortex. further analytics are necessary. beam us up. ♪ that's my phone. hey. [ female announcer ] the x1 entertainment operating system, only from xfinity. tv and internet together like never before. which will cause me to miss the end of the game. the x1 entertainment operating system lets your watch live tv anywhere. can i watch it in butterfly valley? sure. can i watch it in glimmering lake? yep. here, too. what about the dark castle? you call that defense?! come on! [ female anno
of conservative groups seeking tax exempt status. this after the treasury department found 298 applications had been singled out for special review including 100% of groups with tea party or patriot in their name but only 30% of groups with progress or progressive. now republican congressman darrell issa, chair of the house oversight committee wants lernor to testify again wednesday based on new information he has. chairman, welcome back to "fox news sunday." >> thanks for having me back and for covering what we believe is going to be a good fact finding hearing. >> all right. let's talk about that. when you recall low he ed lois o testify, her lawyers said can you call her but she is not going to answer any questions. i understand you have late breaking news. >> we do. her attorney indicates now that she will testify. we've had a back and forth negotiation. but quite frankly, we believe that evidence that we've gathered causes her in her best interest to be summoned to testify. >> lois lernor will testify before your committee? >> according to her attorney. >> this will be on wednesday? >> wed
. the majority of the accounts weren't reported for tax purposes to the irs. and the fed wants more information from troubled bitcoin exchange mt. gox, the "wall street journal" saying mt. gox received a subpoena from federal prosecutors in new york last month to preserve certain documents once the world's biggest bitcoin exchange mt. dpox has gone offline. the business is at a turning point, there's a lot of worry the entire business may be bankrupt and gone forever. the controversy surrounding mt. gox putting a lot of pressure on bitcoin prices, $597.75 is where things are trading now. that was a stock, almost like a stock, it's not a real currency sorry to say, joe. >> now you tell us. >> now. >> now you tell us. >> i am not a bitcoin fan. i believe electronic currency of some sort may flourish in some way. i don't know if bitcoin is the way. >> i thought you were a bitcoin advocate. if now your' saying -- >> i'm fascinated by the conversation around bitcoin. >> you know i'm needling you because you have talked about it a lot. i hope no one mistook what you were saying for like an endorsemen
and recidivism, and enhance justice and fairness, and save tax taxpayer dollars which is a win, win, win. states that have been successful in working in this area have looked at changes to their sentencing policies and the same way that legislation that i know you and mr. scott have cosponsored. and with regard to re-entry of ex-offenders. michigan, for example, through their prisoner re-entry initiative, has slashed their budget for corrections and has reduced the overall number of beds that are available. so there are lots of great ideas in the states and i'm starting to see them at the federal level. >> several mentions of mandatory minimums. how do this coincide with the smart on crimes approach. >> the legislative trends we're seeing in congress, with the smart sentencing act, starting to take that question head on. i was actually very positive -- a couple weeks ago i now you, mr. scott, were present at roundtable in which attorney general eric holder, senator mike lee, senator rand paul, participated in a discussion about these very issues, mandatory minimum sentences and all of the aforem
to not note -- that the committee that the bank's breakecutive did not help tax laws. the bitcoin industry doing damage control following the shutdown of a virtual currency exchange. they are assuring investors that their funds will not disappear. reports are out that hackers may have stolen more than $390 million in bitcoins. and the data breaches affecting has takenf shoppers its toll on target but fourth-quarter profits fell 46%. whoever, earnings beat estimates. -- faces more than 80 civil lawsuits on the data breach. julie hyman has more on target as well as a look ahead to jcpenney's results after the bell. she is looking at the entire troubled state of retailing today. here in the studio for the next hour, my guest house, restructuring guru who oversaw hostess brands and is now heading a wide range of companies that he will give his take on turning around retailers to overhauling taxes to hiking minimum wage. first, to you on this data breach and the impact on target. >> it definitely had an impact on target. not only did it take charge to fix the data breach, the bridge of credit c
on sale on amazon. they will need to pay taxes on the wealth, likely a million. but they don't want to change their lifestyle and will donate to charity and keep a few coins as keepsakes. >> good for them. that is a great story. don't you want to know the background of who actually put those coins in those canisters and hid them? i wonder why. it would be interesting if they go figure it out. >> it is big mystery >> i'm going to go home and dig up the backyard. >> you never know what you wofi will find. >> new action in the irs profiling scandal. who the lawmakers are hearing from now. plus, president obama with his on the economy taking his job push on the road. and we will talk to senator john thune about it all. thune about it all. that allows you to eat all that you can. filled with water. and the best dot com for booking hotels, is hotels.com. it's on the internet, but you probably knew that. or maybe not, i don't really know you. bellman: welcome back, captain obvious. captain obvious: yes i am. all those words are spelled correctly. jenna: well the president heading to minnea
. >>> there is a new republican plan on the table right now to completely try to overhaul the u.s. tax code. we're going to tell you what it means, what it means for you and your finances. that's coming up next. >>> and later, amid protesters and rite police, it's maybe the last thing you would expect to hear. a piano played by a masked man who says he's playing for pate ittism. [ woman #1 ] why do i cook? because an empty pan is a blank canvas. [ woman #2 ] to share a moment. [ woman #3 ] to travel the world without leaving home. [ male announcer ] whatever the reason. whatever the dish. make it delicious with swanson. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden
early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com if you have a buness idea, we have a personalized legal solution that's right for you. with easy step-by-step guidance, we're here to help you turn your dream into a reali. start your business today with legalzoom. lou: a least one place the united states and russia get along. aboard the international space station the ukraine crisis has little effect on the one american and two cosmonauts one is caribbean does -- scheduled to depart on monday. charles -- saying right now everything is nominal with our relationship with the russian speaking only in terms of the space agency. tom jones says it is important not to keep it a political issues. >> what they lack is the control software we use 2. and never and controlled the station so t
in tax revenue to the state. what do you say? legalize week nationwide for recreational use? yes or no? >> i would say no. there is a desire on the part of government illegalize it and anything compact and bring in some cash. stuart: $100 million. >> i would say no. it gives us amen, the availability for a -- particularly in colorado here in the placement of machines so government money can be used easily to buy marijuana in certain situations as we saw recently. that makes it easier. there's a transfer. if it were ten miles away. probably still happen. in terms of legalization i think not until we understand how to actually test it. we have seen accidents with vehicles involving marijuana up 300% in the last decade. i need to be convincee that that would be a great idea for the future and the children. stuart: it was great to have you on the show. ou have an opinion and express it well. thank you for appearing with us. >> an honor to be with you. you might pop in here again this week. stuart: don't make projections you are not able to fulfil. time is money. let's move this along. thre
. the number two swiss bank will put up a bill for helping american clients evade taxes. now the son is asking what exactly to the justice department so long to clamp down. ,ady dougan, c -- brady dougan ceo of credit suisse will be testifying in washington. we want to go to berlin where our international correspondent hans nichols is. with this into perspective with us because the sec began investigating this last year and are now just getting around to holding a hearing. why the lag? beenll, they have compiling this report, this committee report. we spent a lot of time with brady dougan. every quarter we go down and interview him. the question really today, tom, you know that swiss bankers are the most sophisticated people in the world. ifeel like i blunder when just say hello to them. today we find out whether or not an americann is banker or a swiss banker because he has got a tough, tough challenge. the facts don't reconcile. we have heard from in this morning they are talking about a handful of employees did this. the committee report said 1800 employees. they will have to reconcile thes
. a tax credit. not a deduction. but a tax credit for the $35,000 for the employer. so this program is no cost to the business. my plan is also revenue neutral. no cost to taxpayers. think about it the intern would be paying taxes on the 35,000. also spending money in the community, which creates revenue for the irs. and also big point, the intern will not be drawing unemployment insurance, saving the taxpayers, and the business? they get work out of that intern, can test run expanding without running about costs. this plan is simple, targeted, matches needed skills with jobs available. we don't even need to add any bureaucracy. businesses just take that $35,000 credit on their tax return. and that's my off-the-record comment tonight. what do you think of my one page jobs plan? go to gretawire.com and tell us. >>> and are americans feeling buyer's remorse about president obama. take a look at the latest poll. 59% of americans are disappointed in the obama presidency. 59%. not just republicans. a big chunk of that disappointment coming from independence and democrats. joining us, cha
in taxes. carl levin said the bank's actions were right out of a james bond field and helped them hide billions from the irs. currently their investigating credit suisse for offshore. >> is it reads like a spy novel. some of those monies into the bank vaults. >> i don't remember the bond film that was specifically about accounting. >>> irs commissioner john cosco will discuss about funds in the irs being aloe indicated including bonuses to employees. he's maintained that bonuses are needed to retain and attract good employees. the commission will also face questions about the agency's accused targeting of tea party groups. >>> president obama is taking his year of action message on the road today. he'll be in st. paul, minnesota, pitching the economic plan spelled out in his state of the union address. the president has been able to focus on transportation issues at st. paul's union depot. announcing new competition, encouraging investments to create jobs and restore infrastructure. >>> today, house democrats are set to kick off their efforts to raise the minimum wage. the president an
're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com ♪ ♪ ♪ i'm saving a ton of time by posting them to my wall. oh, i like that one. it's so quick! it's just like my car insurance. i saved 15% in just 15 minutes. i saved more than that in half the time. i unfriend you. that's not how it works. that's not how any of this works. [ male announcer ] 15 minutes for auote isn't how it works anymore. with esurance, 7 1/2 minutes could save you on car insurance. welcome to the modern world. esurance. backed by allstate. click or call. nbc sports anchor bob costas. there was controversial over his comments about putin during the olympic coverage. >> just in the past year, putin brokered a deal to allow syria to avoid a u.s. military strike by giving up its chemical weapons. and hel
to live within our means, to get fair taxes that don't ruin people's businesses and their lives, and we believe the things the republican party had been saying. that was our big crime, but they called us a big boy republican, and now to be referred to as a tea party patriot makes my life easier. didn't like the bad boy republican thing, but i just want you to know what brought me back because i left for 12 years, and when i left, having set term limits, i never thought i would come back to congress again, because when i left, we had actually balanced the budget for the first time in 40 # years. in 1998, we balanced the budget. 1999, we blnsed the budget, and in 2000, not only was it balanced, but had a 240 billion some surplus. the frl budget was 1.7 trillion. i fast forward, i'm out for 12 # years, and i see what happens in 2010. the glorious patriots standing up, fighting gebs the most tie rankle president every in the history of america, and i see -- my juices start fleeing, get energizedded, they are on the mark, and in 2012, i decided to come back and run again because i believe, w
-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com lois ar >>> but you know that in every account, by helping them into a chair, listening to them, all of those are opportunities. christ is really living in them. and then we bring christ to them in ourselves, and it is the final moment, when you know they got into the hands of god you know they were there. it's incredible. >> well, we promise you an update on the legal battle pinning the united states government against the women you just saw, nuns, who have devoted their lives to helping the least of these, the little sisters of the poor launched a full appeal this week asking the tenth circuit court of appeals to protect their religious freedoms so they're not forced to provide contraception to their insurers. last night i spoke to the senior counsel for the nuns and asked h
they were worried that healthcare reform wouldn't work. the details straight ahead. >> and then it's tax time. we have got the top secrets to help you avoid an audit including how to make surety irs does are consider your small business a hobby. >> a hobby? >> a hobby. ♪ [ alarm sound for malfunctioning printer ] [ le announcer ] you've reached the age where you've learned a thing or two. [ metal cnks ] ♪ this is the age of knowing what you're made of. so why let erectile dysfunction get in your way? [ gears whirri ] talko your doctor abt viagra. 20 million men already have. ask your doctor if your hea is healthy enough for sex. dnot take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effectinclude headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medil help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience sudden decrease or loss in vision or hearing. [ cellphone beeps ] this is the age of taking action. viagra. talk to you
. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com to nbcuniversal's coveragens of the biggest loser olympic winter games ever, with the most coverage of the most events on every device. and the most hours of streaming video on the nbc sports live extra app, including the x1 platform from xfinity. comcast was honored to bring every minute of every medal of nbcuniversal's coverage to every screen. so what's next? rio 2016. welcome to what's next. comcast nbcuniversal. purina dog chow light & healthy is a deliciously tender and crunchy kibble blend. with 20% fewer calories than purina dog chow. isn't it time you discovered the lighter side of dog chow. purina dog chow light & healthy. to manage your money.r guy around 2 percent that's not much, you think except it's 2 percent every year. go to e*tra
. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for est pain; it may cause an unsafe drop in blood pressure. side effects include adache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lastg more than four hours. stop taking vira and call youroctor right away if you experience a sudden decase or los in vision or hearing. this is the age of taking action. viagra. talk to your doctor. lois ar >>> but you know that in every account, by helping them into a chair, listening to them, all of those are opportunities. christ is really living in them. and then we
. committee that has spent your tax dollars and resources investigating the irs and its oversight for politically active nonprofit. committee chair isa is again led the attack as republicans try to find any proof that officials at the agency were directed to conduct audits of conservative groups that spent money in the last two elections. the republican conspiracy theory is that the audits were politically motivated, and they insinuate that they may have been directed by the white house. despite the incurable fever for this story on the right and in conservative media, issa's committee has yet to turn up any actual evidence. so today, once again, the oversight committee called former top irs official lois lerner to testify. and issa asked a series of ten questions to which lerner, as highway is did more than nine months ago, pleaded the fifth each time. they gavelled the hearing to a close less than 12 minutes after it began and without allowing a single democratic member to ask a question. the democrats' ranking member elijah cummings, was not having it. for 90 second after issa
of this year. >> the tax on individual mandate either by health insurance or by you pay the tax is frankly not fair. >> hard working americans are struggling under the president's health care bill. they don't need to see 1% of their salary taxed because they can't navigate a failing obamacare bureaucracy. >> whether it's the first vote or the 50th vote, this is the right thing to do. >> the irony or the weird boneheadedness of trying to repeal settled law for the 50th time was not lost on democrats. it was in its way a golden anniversary for republican in-trance gents. >> i want to wish my colleagues a happy 50th anniversary. >> but all these apity obamacare votes are no longer a calorie free chemically induced sugar high for the gop. prior to this year, voting to appeal was a freebie. a statement without real meaning but which nevertheless appeased wild eyed reactionaries on the right. now it comes with a cost. now it takes statement of intent, to annul millions of people's health care benefits. but do not expect that reality to produce a republican health care alternative anytime soon. f
of whether citizens united overturning the ban on corporate spending applies to tax-exempt rules. counsel and duty need to be on this one please. cinci should probably not, all in caps, have these cases. what did you mean by cinci should not have these cases? >> on the advice of my counsel, i respectfully exercise my fifth amendment right and decline to answer the question. >> ms. learner, why would you say tea party cases were very dangerous? >> on the advice of my counsel, i respectfully exercise my fifth amendment right and decline to answer the question. >> ms. learner in september 2010 you e-mailed your subordinates about initiating a parenthesis c-4 project and wrote,que need to be cautious so it isn't a per se political project. why were you worried about this being perceived as a political project? >> on the advice of my counsel, i respectfully exercise my fifth amendment right and decline to answer that question. >> you will see more of learner's controversial e-mails in just a minute. but now, the clash of the titan. moments after she pleaded the right, issa cutting off the micr
in back taxes. the rapper says it will take six months to repay the debt, because of the way he plans to do it. [ laughter ] >> this morning's "eye-opener" is presented by toyota. let's go places. >>> >>> welcome to "cbs this morning." good morning, norah. >> good morning, charlie. >>> as you wake up in the west, there are signs that the crisis in ukraine may be ended by diplomats and not armies. it may not be easy. top officials from ukraine, russia, the united states, britain, and france are in paris paris. the west is ready to offer ukraine billions of dollars in economic aid, but secretary of state john kerry says this morning that the russians and ukrainians have not yet agreed to meet face to face. >> kerry said yesterday in ukraine's capital that russia broke international law, but there's no need over the violation. >> president obama and i want to make it clear to russia and to everybody in the world that we are not seeking confrontation. it is not appropriate to invade a country and at the end of a barrel of the gun dictate what you are trying to achi
and tens of thousands of dollars for her organization to finally get the tax-exempt status they requested. and she only got it, get this, the night before she was scheduled to testify before congress. that seem follow unny to you? welcome, good to have you here today. >> thank you, megyn. >> it is martha tonight, nice to have you with us. take me through what happened. did you get a letter? you were getting ready to testify. and suddenly you get a phone call, how does it work? >> well, we knew on monday of last week that i would be testifying. i was formally invited to testify. and wednesday afternoon before the testimony on thursday our attorneys got a phone call from the irs saying that we would be granted our 501(c)(3) status, we did have a phone call to our attorney, the day before i was set to testify. and it was also the anniversary. >> in terms of the different qualifications and the different ru rules that have been put in place since all of this blew up, kim strassel at "the wall street journal" said she believes it is to formalize the restrictions they had in place. >> all the p
to be paid to get the vote up. taxes, my friends bobby have many tea party hispanics who are americans first. san antonio. then, of course, my very good friend and champion of conservative causes, senator ted crews. [applause] did was elected the appearance he was hispanic or because he was an american. i am proud to be of mexican descent, but i am much more prone to be an american. come bless america. thank you. [applause] ♪ >> ladies and gentlemen, please welcome organizer of the washington blue print, with the heart's load. >> i am from seattle. what is seattle known for? that is actually a good answer. a rain. we are known for starbucks know the seattle seahawks. what else is seattle known for? an incubator of national movements and trends. people think washington state is the blue, but it is not. it is purple. three years ago are read the book called the colorado blue print. some of you may be familiar with it. it is about four individuals put a plan together to change color of from red to blue. and sure you're thinking now, why is he so excited but this? well, because we can do that
's investigation into the irs' inappropriate treatment of groups applying for tax exempt status. >> we're also continuing to investigate the irs for its abuse of power. >> the irs scandal helps explain a lot of the things the administration has done. >> that is not a phony scandal. that is a real scandal. >> we believe the irs hoped this would make the scandal quickly dissipate. it did not. >> last night in the state of the union address, the president did not so much as mention the words irs. >> all irs all the time. there have been 15 congressional hearings, and 255 irs employees have spent 97,542 hours responding to congressional investigations. and all of those investigations have turned up nothing. no wrongdoing. so what is the price tag on the investigation of a phony scandal like this? $14 million. and that's a conservative estimate. did all these republicans think we wouldn't notice this is costing millions of dollars, but makes no sense? nice try, but we got you. (vo) you are a business pro. seeker of the sublime. you can separate runway ridiculousness... from fashion that flies off t
. to bring government spending don't. to live within our means. to get fair taxes. we actually believed the things that the republican party stood for. that too is our big crime. they called us the bad boy republicans. now, to be referred to as a tea party patriot makes my life a lot easier. my wife did not like the bad boy republican thing. i want you to know what brought me back because i left for 12 years. i kept my term limit pledge. i never thought i would come back again. when i left, we had balanced the budget for the first time in 40 years. in 1998 we balance the budget. the year i left, in 2000, we have a $247 billion surplus. the federal budget was $1.7 trillion. fast forward 12 years, i see what happened 2010, with you glorious patriots standing up and fighting against the most to radical -- tyrannical president that we have ever had in the history of america. my juices just are flowing. i get energized. these patriots were on the mark. in 2012, i decided to come back and run again. i believe, with all my heart, that this movement is growing. you have heard from folks in the
of that cincinnati office that pertained to whether or not tea party and conservative groups can qualify to tax exempt status to that point have not been seen. that's why you hear from a lot of democrats on that panel that this is just more, if anything, amounts to personal politics, that this plays well on conservative blogospheres and cable channels, that you can do these types of hearings about the irs, about the imperial presidency, quote, unquote, and this can play well with voters in november. but as far as what happens with lois lerner, her attorney is going to have a press conference later today, she continues to invoke her fifth amendment rights, and the interesting thing about this hearing today, it was a continuation of one that happened last year, where a lot of democrats said, look, lois lerner's already testified, you can't bring her back, she's already pled the fifth. but republicans said because she gave an opening statement her fifth amendment rights were not applicable. this is going to be going back and forth and if it plays well politically with the base, why not have a go a
are not isolated to just tax-exempt division. four months ago when obamacare opened for business -- this fast and this hearing is now over but this investigation is not. >> you see, the investigation is never over with congressman issa. if it's not solyndra, it's benghazi or obamacare. and this year promises more of the same. congressman issa's agenda for 2014 includes more hearings on the irs, benghazi, and fast and furious. what a surprise. joining me now are joy reid and ryan grim. thank you both for coming on the show tonight. >> thank you. >> thank you. >> joy, is issa just throwing stuff at the wall, it doesn't matter if any sticks at all? >> no, it's interesting. so darrell issa's job is to sort of make real a lot of the conspiracy theories you see on the right and right wing media. they've got these -- it's issa's job to deliver. he keeps promising he's going to deliver. that any day he's going to deliver hard proof on solyndra, benghazi, or the irs. and i think one of the reasons he's failing is because you have congressman elijah cummings sitting there saying where's the proof. and
and for -- and formal federal tax litigation attorney for the irs. >> i think they are afraid of michele bachmann. demo that is why you are here today. >> forbes magazine and released the list of 100 most powerful women. michele bachmann is number 20. a michele bachmann is fundraising powerhouse. >> she was doing the tea party thing before tea parties were doing tea parties. she knows what she believes in. need to bring government back to you. that is the government our founding fathers gave us. stand strong, hold them accountable. >> i'm not going away. these well, congressman -- congresswoman michele bachmann. >> good morning. >> good morning. good to see you. good morning. it is so great to see you. are we having a good time? i'm so excited. i just have to let you know a head of time i cannot stay long by the i being audited irs. you know exactly what i am talking about. i am here today to say thank you americawhat you did for is stellar. it was life changing to the lifeblood of this nation. you and the movement we represent took the gavel out of nancy pelosi's hand in 2012. you did that. now imagin
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